The Economics of Money, Banking and Financial Markets, 13th Edition, 9781292409481

• Frederic S Mishkin
• 9781292409481
• 13th edition | Published by Pearson (June 29th 2021) - Copyright © 2022

The Economics of Money, Banking and Financial Markets brings a fresh perspective to today’s major questions surrounding financial policy. Influenced by his term as Governor of the Federal Reserve, Frederic Mishkin offers students a unique viewpoint and informed insight into the monetary policy process, the regulation and supervision of the financial system, and the internationalization of financial markets.

PART I: INTRODUCTION
1. Why Study Money, Banking, and Financial Markets?
2. An Overview of the Financial System
3. What Is Money?

PART II: FINANCIAL MARKETS
4. The Meaning of Interest Rates
5. The Behavior of Interest Rates
6. The Risk and Term Structure of Interest Rates
7. The Stock Market, the Theory of Rational Expectations, and the Efficient Market Hypothesis

PART III: FINANCIAL INSTITUTIONS 
8. An Economic Analysis of Financial Structure
9. Banking and the Management of Financial Institutions
10. Economic Analysis of Financial Regulation
11. Banking Industry: Structure and Competition
12. Financial Crises

PART IV: CENTRAL BANKING AND THE CONDUCT OF MONETARY POLICY  
13. Central Banks and the Federal Reserve System
14. The Money Supply Process
15. Tools of Monetary Policy
16. The Conduct of Monetary Policy: Strategy and Tactics

PART V: INTERNATIONAL FINANCE AND MONETARY POLICY
17. The Foreign Exchange Market
18. The International Financial System

PART VI: MONETARY THEORY 
19. Quantity Theory, Inflation, and the Demand for Money
20. The IS Curve
21. The Monetary Policy and Aggregate Demand Curves
22. Aggregate Demand and Supply Analysis
23. Monetary Policy Theory
24. The Role of Expectations in Monetary Policy
25. Transmission Mechanisms of Monetary Policy